Canadian Private Equity Firms Making Fewer New Hires – Report

Canada’s top private equity firms have slowed their recruitment of new professional talent, says a report by Tim Kiladze of The Globe and Mail. In 2010 and 2011, institutional funds like CPP Investment Board – Private Investments, OMERS Private Equity, and Teachers Private Capital were bulking up staffs to help manage the increased pace of global deal-making, recruiting from investment banks and Bay Street veterans. However, personnel appears to be reaching full complements, with OMERS and Teachers growing staff by only 10% in 2012, The Globe and Mail reports.

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